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which is still about fourteen percent these are all low wage jobs but this isn't because of barack obama i mean this is going to be there and don't forget also you know you think that this just suddenly happen from four years that we are in this collapsing economy there's no jobs truth there is on this panel right now it's disingenuous to say that these job numbers are so disasters of the over that the president cooked the books on these the job numbers are fairly clear but the thing is is that if you look at obama's mindset between two thousand and eight obama and two thousand and twelve obama this was the two thousand and eight obama was declaring that we needed to have a major stimulus to recover the economy when we have the exact same numbers now and he's not doing the same thing so why is it that if we need our economy need a major stimulus then that we don't necessarily need a major stimulus now you're saying we i have to say you say and we had the exact same numbers let's let's put these numbers back up these don't look to me like the exact same numbers that the beginning in the b
which is still about fourteen percent these are all low wage jobs but this isn't because of barack obama i mean this is going to be there and don't forget also you know you think that this just suddenly happen from four years that we are in this collapsing economy there's no jobs truth there is on this panel right now it's disingenuous to say that these job numbers are so disasters of the over that the president cooked the books on these the job numbers are fairly clear but the thing is is that...
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the news is good for job- seekers, but also for president obama, who is trying to maintain his lead in the bulls after a week debate. >> september's unemployment rate delivered president obama a pre-election gift. this is the first time it has been below 8% during his presidency. >> we know there is still that willingness for all of us to see that more people are put but to work. in this particular report, i am happy to see that we have continued growth. >> employers added 114,000 jobs in september. the numbers shocked analysts, who predicted the jobless rate would stay around 8% and possibly grow. >> this is a big report. >> president obama called the report proved that the economy is improving under his policies. >> we have made too much product progress to return to the policies that led to the crisis in the first place. >> mitt romney launched a tv ad that the recovery is too slow. even economists seem hesitant, pointing of the the number of new jobs created each month has been decreasing since july. this report a positive sign for a still fragile of economy. one downside to the re
the news is good for job- seekers, but also for president obama, who is trying to maintain his lead in the bulls after a week debate. >> september's unemployment rate delivered president obama a pre-election gift. this is the first time it has been below 8% during his presidency. >> we know there is still that willingness for all of us to see that more people are put but to work. in this particular report, i am happy to see that we have continued growth. >> employers added...
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. >> the reason it has come down this year is primarily due to the fact that more and more people have just stopped looking for work. ♪ gerri: both president obama and candidate mitt romney using today's jobs report to bolster their campaigns. the truth behind those numbers and a $5 gas, already happening in one state. could it happen in yours? welcome to "the willis report." ♪ hello, everybody. i'm gerri willis. do you believe the jobs numbers released today? a huge drop in unemployment rates to 7.8%. a look at that. nearly 1 million people entering the workforce in just one month. today, some of the business community calling those numbers completely fake, deliberately distorted to make president obama look good before the election. the obama administration firing back calling such charges ludicrous. what is the real story? joining me now, former white house chief economist and labor department commissioner keith hall, moody's chief economist, john lonski, and carried from call bomb capital management. welcome to you all. very curious. nearly a half percent move in the an employm
. >> the reason it has come down this year is primarily due to the fact that more and more people have just stopped looking for work. ♪ gerri: both president obama and candidate mitt romney using today's jobs report to bolster their campaigns. the truth behind those numbers and a $5 gas, already happening in one state. could it happen in yours? welcome to "the willis report." ♪ hello, everybody. i'm gerri willis. do you believe the jobs numbers released today? a huge drop in...
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we discuss these things it is important to just basically state the obvious which is that president obama has not had recent practice in actually what i had thought of doing obvious governor romney had it was quite obvious it's been four years since he met senator john mccain in a similar scenario to this one governor romney on the other hand participated in almost twenty debates in the process of winning the republican party's presidential nomination i think that basic fact recent practice really played to governor romney's strength that last night you know david it's interesting if obama can't defend his you know his time in office who can because he didn't do a very good job of it. no he didn't but he is at least in office he's the incumbent and maybe being the incumbent made him slack off a little bit he was you know if he was feeling the pressures of the job perhaps you know he's got a lot on his mind maybe more than somebody who's running against him he's got all the foreign policy issues that he has to keep track of and i thought the other difference between his his performance las
we discuss these things it is important to just basically state the obvious which is that president obama has not had recent practice in actually what i had thought of doing obvious governor romney had it was quite obvious it's been four years since he met senator john mccain in a similar scenario to this one governor romney on the other hand participated in almost twenty debates in the process of winning the republican party's presidential nomination i think that basic fact recent practice...
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dollars well first of all one guy why there's one hundred people who make over a million dollars a year united health care because of medicare advantage you know what i do agree but what obama is doing is that he wants a little less than the bush mitt romney has not adopted that portion of the paul ryan plan and said very clearly he wants to pour the money back into medicare and medicare would be converted into a program where you have a choice it's not you're not taking away anybody's benefits you have a choice right this goes back to the real mitt romney a flip flopper first he says the paul ryan budget is a marvelous idea what a marvelous thing he was past that immediately and he says well i want the paul ryan budget but not this part not that far you heard on simpson oh is the only one in the same but in a we've seen this also from romney on obamacare first look we need to repeal obamacare but not the popular parts we want to keep kids on their parents' health care insurance we want to make sure people with preexisting conditions can get health care but we don't want the other parts
dollars well first of all one guy why there's one hundred people who make over a million dollars a year united health care because of medicare advantage you know what i do agree but what obama is doing is that he wants a little less than the bush mitt romney has not adopted that portion of the paul ryan plan and said very clearly he wants to pour the money back into medicare and medicare would be converted into a program where you have a choice it's not you're not taking away anybody's benefits...
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has a pathetic record he's the only president that has presided over three years of unemployment of over eight percent that absolutely can be changed who we know that that's what the american people want it's simply that we don't have those elected to office that are willing to take on the special interests. now a chinese own company is suing president barack obama off a block from building wind farms not far from the u.s. military base at the justification for the ban was national security concerns the first such abuse of the law in twenty two years and its lawsuit the firm says obama overstepped his authority and acted in an unlawful mannah president professor joseph chang he believes it's just part of an effort to limit china's range. i know not to are now trying to. and it is a certain belief in discrimination against i know there are two levels of concerns over the recent one is the general in command of the united states to china trying to sort of the new ones to the countries that the world and it is to acquire technology management nor and so on from that you're not disgrace
has a pathetic record he's the only president that has presided over three years of unemployment of over eight percent that absolutely can be changed who we know that that's what the american people want it's simply that we don't have those elected to office that are willing to take on the special interests. now a chinese own company is suing president barack obama off a block from building wind farms not far from the u.s. military base at the justification for the ban was national security...
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the previous eight years. this is like the criticism i received from hilda solis, it was considered softball. why i didn't ask her why she isn't following up on governor romney's idea, we might create 4 million jobs. that's hardball, not softball. what's good is good, no matter who is in office. those numbers were good. not much more to it anyone who says i am being partisan is out of their mind. what a shame that the charge can be even made, let alone made by people i respect. honestly, people, more to life than who wins in november. stay with cramer. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insura
the previous eight years. this is like the criticism i received from hilda solis, it was considered softball. why i didn't ask her why she isn't following up on governor romney's idea, we might create 4 million jobs. that's hardball, not softball. what's good is good, no matter who is in office. those numbers were good. not much more to it anyone who says i am being partisan is out of their mind. what a shame that the charge can be even made, let alone made by people i respect. honestly,...
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fihting for obama care instead of fighting for jobs for the american people. >> i have my own plans, not the same as simpson-bowles but in my view the president should have grabbed it if he wanted to make adjustments take it, go to congress and fight it. >> that's what we have done, make adjustments and putting it before congress right now, $4 trillion plan. >> you have been president four years, you have been president four years, you said you would cut the deficit in half, we still have trillion dollars deficits, a we will be have a trillion-dollar deficit each of the four years if you are reelected we will get to a $20 trillion debt. >> rose: it will be seen if romney can keep up the momentum. we begin this evening with analysis of chris matthews of msnbc, welcome. >> thank you, charlie. >> rose: as you watched the debate last night, what was your reaction to what you were seeing, b, why do you think it was that way, and, c, where are we going from here? >> well, i think governor romney knew it would be a wide open format and he came in to take charge. he was a commanding presence
fihting for obama care instead of fighting for jobs for the american people. >> i have my own plans, not the same as simpson-bowles but in my view the president should have grabbed it if he wanted to make adjustments take it, go to congress and fight it. >> that's what we have done, make adjustments and putting it before congress right now, $4 trillion plan. >> you have been president four years, you have been president four years, you said you would cut the deficit in half,...
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having said that i think obama's going to win do you think he believes in himself as much as he did four years ago because he seems kind of tired he seems like he's a little frustrated i think he's more tired of. just all of this like he just wants to get it over to november just like ok give me you know let me when he says bored with the elections as we are very much president obama was the first african-american president that was so exciting no it's boring me i don't know if there's going to be as much of a turnout for voters this year are you going to vote absolutely we're talking about the election you know. i mean. yeah we don't we don't let a lot of americans vote too apparently why do you want to run don't you think either candidate can get it done i think there's too much corruption in the government do you care who wins now really no i now because i don't i'm not fond of either one of them is that common right now across the country do you think i think so i mean this should be an. right. ship going to be a problem we're going to. there's no really a choice right it's one of th
having said that i think obama's going to win do you think he believes in himself as much as he did four years ago because he seems kind of tired he seems like he's a little frustrated i think he's more tired of. just all of this like he just wants to get it over to november just like ok give me you know let me when he says bored with the elections as we are very much president obama was the first african-american president that was so exciting no it's boring me i don't know if there's going to...
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here's obama. >> the oil industry gets $4 billion a year in corporate welfare. now does anybody think that exxonmobil needs some extra money when they're making money every time you go to the pump? >> you think that exxon would have gotten hit today, right? it rallied 52 cents. some can argue that is because the market senses a romney victory. no way. exxon is just bigger than any president. here is romney on oil. >> your administration cut the number of permits and licenses in half. if i'm president, i'll double them. >> we aren't going to make money buying federal lands. but if more were opened, it would be a bonanza for the oil service industry. don't outthink this, people. schlumberger and national oil well varco will get the most number of profits from expanded federal land drilling. obama has never a fan of the banks. you don't want to overweight the group on his re-election. listen to this confused clip from romney. >> we have to have regulation in wall street. that's why i'd have regulation. but i wouldn't designate five banks as too big to fail and give
here's obama. >> the oil industry gets $4 billion a year in corporate welfare. now does anybody think that exxonmobil needs some extra money when they're making money every time you go to the pump? >> you think that exxon would have gotten hit today, right? it rallied 52 cents. some can argue that is because the market senses a romney victory. no way. exxon is just bigger than any president. here is romney on oil. >> your administration cut the number of permits and licenses...
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i voted for a bomb at of years ago and i am very disappointed in him -- obama four years ago and i am very disappointed in him. >> what made you decide to vote for mitt romney? >> i think he is the only one who could really get us out of this position that we are in. it can go on like this. i am against obama for what he did and taking 4 $5 billion out of our medicare system and putting it into obamacare. >> thank you for your calls. continue to comment if you want you on twitter and c-span.org. both presidential candidates will have campaign appearances tomorrow. we will have live coverage of president obama speaking at george mason university and later on mitt romney will be speaking in virginia. both of those will be live here on c-span. >> we need to tackle our nation ' as challenges. we need to save and strengthen medicare and social security. we're not going to scare seniors. we will save benefits for seniors and for my generation so that these promises are kept. they have laid out -- >> they say that we stole medicare and you have seen the ads and everything. nothing could be f
i voted for a bomb at of years ago and i am very disappointed in him -- obama four years ago and i am very disappointed in him. >> what made you decide to vote for mitt romney? >> i think he is the only one who could really get us out of this position that we are in. it can go on like this. i am against obama for what he did and taking 4 $5 billion out of our medicare system and putting it into obamacare. >> thank you for your calls. continue to comment if you want you on...
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she feels because of president obama, another person, an obama supporter, said although he's unemployed, he understands the situation that the president inherited. brooke? >> we still have one more monthly jobs report before that november 6th election. shannon travis, thank you, shannon. >>> one expert says america is becoming a country of kings, and then everyone else. so is he right? is the wealth gap the economy's biggest problem? i'm brooke baldwin. the news is now. >>> faulty screws? nope. wear and tear? no. american airlines blaming spilled soda and coffee for those loose seats. >>> plus, a new movie about bin laden's death coming to a tv screen near you. but the timing is raising all kinds of eyebrows. >>> and he robbed banks and then he gets a full ride to law school. why? because of what he did behind bars. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to pu
she feels because of president obama, another person, an obama supporter, said although he's unemployed, he understands the situation that the president inherited. brooke? >> we still have one more monthly jobs report before that november 6th election. shannon travis, thank you, shannon. >>> one expert says america is becoming a country of kings, and then everyone else. so is he right? is the wealth gap the economy's biggest problem? i'm brooke baldwin. the news is now....
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first time below 8% in about four years. when that starts we'll bring it to you. in the meantime -- here's what you missed earlier on this morning. >> welcome to hour three of "squawk on the street". here's what's happening so far. >> the thing is that you got to play this in the short term. equity market looks great. risk on is every where. go out the beta curve. trade. >> so do it. >> you can create excuses for these guys if you want to, but the fact of the matter is every single jobs bill the republicans in congress have voted against. >> september nonfarm payrolls increased by 114,000 jobs. 7.8% is the new unemployment rate. >> the report is good. hours worked up. pay up. july up. i'm not political. trying to make money here. >> when you play -- >> past tens? >> then we just -- i have like seven people who might draw something from three months ago. it was bad. it was a fad zynga might be a fad. >> unbelievable jobs numbers, these chicago guys will do anything -- can't debate so change numbers. what do you say to him? >> i would say that i have the highest reg
first time below 8% in about four years. when that starts we'll bring it to you. in the meantime -- here's what you missed earlier on this morning. >> welcome to hour three of "squawk on the street". here's what's happening so far. >> the thing is that you got to play this in the short term. equity market looks great. risk on is every where. go out the beta curve. trade. >> so do it. >> you can create excuses for these guys if you want to, but the fact of the...